Alloy Steel Powders Price in Mexico - 2023

Alloy Steel Powders Price in Mexico (CIF) - 2023

In June 2023, the average alloy steel powders import price amounted to $2,899 per ton, declining by -45% against the previous month. Over the period under review, the import price showed a mild downturn. The growth pace was the most rapid in May 2023 when the average import price increased by 84% month-to-month. As a result, import price reached the peak level of $5,268 per ton, and then fell remarkably in the following month.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.8% per month.

Alloy Steel Powders Price in Mexico (FOB) - 2022

The average alloy steel powders export price stood at $7,633 per ton in 2022, rising by 7.4% against the previous year. In general, the export price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 167% against the previous year. Over the period under review, the average export prices hit record highs at $19,787 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($253,605 per ton), while the average price for exports to the United States amounted to $6,355 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+34.3%).

Alloy Steel Powders Imports in Mexico

In 2022, approx. 872 tons of alloy steel powderses were imported into Mexico; increasing by 49% compared with 2021 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, alloy steel powders imports surged to $2.8M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Alloy Steel Powders in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	181	156	516	2,805	149.3%
Canada	58.1	25.6	4.8	21.1	-28.7%
Japan	284	240	347	N/A	10.5%
China	312	216	536	N/A	31.1%
Sweden	142	56.0	16.1	N/A	-66.3%
Malaysia	147	97.1	28.8	N/A	-55.7%
South Africa	121	15.7	33.8	N/A	-47.1%
Others	49.3	41.3	159	14.9	-32.9%
Total	1,293	848	1,642	2,841	30.0%

Top Suppliers of Alloy Steel Powders to Mexico in 2022:

United States (862.2 tons)
Canada (8.4 tons)

Alloy Steel Powders Exports in Mexico

After three years of growth, shipments abroad of alloy steel powderses decreased by -10.8% to 1 tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 95%.

In value terms, alloy steel powders exports dropped modestly to $8K in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 93% against the previous year.